Tata Consultancy Services (TCS) has reclaimed the status of the country's most valued firm by market valuation, surpassing Reliance Industries (RIL).
RIL shares have been on a downhill, falling for the fourth day in a row on Thursday. In four days, the shares have plunged 10.79% to Rs 1,255.15 on the BSE. Following the plunge in its share price, RIL's market valuation dropped to Rs 7,95,628.55 crore on the BSE.
At the close of trade, the market capitalisation (m-cap) of TCS stood at Rs 8,13,779.67 crore, which is Rs 18,151.12 crore more than that of RIL's valuation.
Tata Consultancy Services (TCS) is an IT services, consulting and business solutions provider that has been partnering with the world’s largest businesses in their transformation journeys for the last fifty years.
